Managerial Economics [electronic resource] : Foundations of Business Analysis and Strategy / Christopher R. Thomas, S. Charles Maurice.
Material type: TextPublication details: 2 Penn Plaza, New York, NY 10121 : McGraw-Hill Education, 2016.Edition: 12th EditionISBN:- 978-0-07-802190-9
Item type | Current library | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|
E-Resources | Balanga Library E-Resources | 338.502 (Browse shelf(Opens below)) | Available | EBC00270 |
Managers, profits, and markets -- Demand, supply, and market equilibrium -- Marginal analysis for optimal decisions --Basic estimation techniques -- Theory of consumer behavior -- Online appendix 1: Substitution and income effects of a price change -- Elasticity and demand -- Demand estimation and forecasting -- Online appendix 2: Estimating and forecasting industry demand for price-taking firms -- Production and cost in the short run -- Production and cost in the long run -- Production and cost estimation -- Online appendix 3: Linear programming -- Managerial decisions in competitive markets -- Managerial decisions for firms with market power -- Strategic decision making in oligopoly markets -- Advanced pricing techniques -- Online appendix 4: Pricing multiple products related in production -- Decisions under risk and uncertainty -- Government regulation of business -- Web chapter 1: The investment decision -- Appendix: Statistical tables.
Provides students with a logical way of analysing both the routine decisions of managing the daily operations of a business as well as the longer-run strategic plans that seek to manipulate the actions and reactions of rival firms. It develops and applies the most useful concepts for business decision making and strategic planning.
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